TEXAS INSTRUMENTS INC. - 1H - Technical analysis published on 07/22/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 187.40 USD
My targets
183.07 USD (-1.10%)
174.84 USD (-5.55%)
My analysis
The bearish trend is currently very strong for TEXAS INSTRUMENTS INC.. As long as the price remains below the resistance at 187.40 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 183.07 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 174.84 USD as an objective. Crossing it would then enable sellers to target 162.11 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
TEXAS INSTRUMENTS INC. rating 185.11 USD. On the day, this instrument lost -4.70% and was traded between 183.71 USD and 187.66 USD over the period. The price is currently at +0.76% from its lowest and -1.36% from its highest.183.71
187.66
185.11
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by TEXAS INSTRUMENTS INC.:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of TEXAS INSTRUMENTS INC. in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 11 technical indicators on 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 143.00 | 162.11 | 183.07 | 185.11 | 185.37 | 187.40 | 190.24 |
| Change (%) | -22.75% | -12.43% | -1.10% | - | +0.14% | +1.24% | +2.77% |
| Change | -42.11 | -23.00 | -2.04 | - | +0.26 | +2.29 | +5.13 |
| Level | Minor | Intermediate | Major | - | Minor | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 184.59 | 186.52 | 190.38 | 192.31 | 196.17 | 198.10 | 201.96 |
| Camarilla | 192.65 | 193.18 | 193.71 | 194.24 | 194.77 | 195.30 | 195.83 |
| Woodie | 185.56 | 187.00 | 191.35 | 192.79 | 197.14 | 198.58 | 202.93 |
| Fibonacci | 186.52 | 188.73 | 190.10 | 192.31 | 194.52 | 195.89 | 198.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 174.84 | 180.29 | 183.20 | 188.65 | 191.56 | 197.01 | 199.92 |
| Camarilla | 183.82 | 184.59 | 185.35 | 186.12 | 186.89 | 187.65 | 188.42 |
| Woodie | 173.58 | 179.66 | 181.94 | 188.02 | 190.30 | 196.38 | 198.66 |
| Fibonacci | 180.29 | 183.48 | 185.45 | 188.65 | 191.84 | 193.81 | 197.01 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 175.05 | 178.79 | 185.54 | 189.28 | 196.03 | 199.77 | 206.52 |
| Camarilla | 189.42 | 190.38 | 191.34 | 192.30 | 193.26 | 194.22 | 195.19 |
| Woodie | 176.57 | 179.54 | 187.06 | 190.03 | 197.55 | 200.52 | 208.04 |
| Fibonacci | 178.79 | 182.79 | 185.27 | 189.28 | 193.28 | 195.76 | 199.77 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 39.02 | |
| MACD (12,26,9): | -0.3200 | |
| Directional Movement: | -18.13 | |
| AROON (14): | -7.14 | |
| DEMA (21): | 188.86 | |
| Parabolic SAR (0,02-0,02-0,2): | 194.03 | |
| Elder Ray (13): | -3.97 | |
| Super Trend (3,10): | 191.37 | |
| Zig ZAG (10): | 184.64 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 10.93 | |
| TEMA (21): | 188.87 | |
| Williams %R (14): | -90.70 | |
| Chande Momentum Oscillator (20): | -3.32 | |
| Repulse (5,40,3): | -0.1500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 1.97 |
| MA7: | 188.39 | |
| MA20: | 189.92 | |
| MA50: | 187.70 | |
| MA100: | 185.28 | |
| MAexp7: | 188.05 | |
| MAexp20: | 188.55 | |
| MAexp50: | 188.85 | |
| MAexp100: | 189.16 | |
| Price / MA7: | -1.74% | |
| Price / MA20: | -2.53% | |
| Price / MA50: | -1.38% | |
| Price / MA100: | -0.09% | |
| Price / MAexp7: | -1.56% | |
| Price / MAexp20: | -1.82% | |
| Price / MAexp50: | -1.98% | |
| Price / MAexp100: | -2.14% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on TEXAS INSTRUMENTS INC. at the time of the analysis were as follows:
- Thinking about trading options or stock in Carnival Corp, AstraZeneca, Moderna, Las Vegas Sands, or Texas Instruments?
- TI reports second quarter 2021 financial results and shareholder returns
- Texas Instruments board declares third quarter 2021 quarterly dividend
- New MCU portfolio redefines microcontroller performance, enabling 10 times higher processing capability than existing devices
- Texas Instruments to webcast Q2 2021 earnings conference call
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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